Wacker swings to profit despite sales dip on lower volumes, prices

Wacker swings to profit despite sales dip on lower volumes, prices
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

17.03.2021

MOSCOW (MRC) -- Wacker Chemie reports net profit for 2020 of EUR202.3 million (USD241.2 million), swinging from a net loss of EUR629.6 million, despite a 4.8% decline in sales to EUR4.69 billion due to the negative impact of the COVID-19 pandemic on volumes and prices, reported Chemweek. The loss in 2019, as noted in a financial update provided by the company in February, was mainly the r

Full article at mrcplast.com

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